AI Pick
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Lee Beom-heon Elected Chair of Arts Council Korea
Arts Council Korea (ARKO) said Lee Beom-heon, a special-appointed professor at Shinhan University, was elected as its ninth chair at an extraordinary meeting held on the 27th. The term for the ninth committee, including the new chair, is three years (2026.4.27.~2029.4.26.). ARKO convened the extraordinary meeting with the ninth-term members appointed by the Ministry of Culture, Sports and Tourism. All 11 members attended, including eight newly appointed members and three members whose
April 27, 2026
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Delisting Tender Offers Rise in South Korea, but First-Round Successes Hit Zero This Year
Tender offers aimed at delisting are increasing, but the share that closes successfully is falling. After revisions to the Commercial Act strengthened minority shareholder rights, the decision-making process has become more demanding, and second and third tender offers are becoming more common. According to the financial investment industry on the 27th, global private equity firm EQT acquired an additional 1,213,466 common shares through a second tender offer for Douzone Bizon conducted f
April 27, 2026
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Busan mayoral candidate Jeong I-han hit by thrown drink during campaign; party condemns attack
Jeong I-han, the Reform Party’s candidate for mayor of Busan, was struck by a drink thrown from a vehicle while campaigning on the 27th, the party said. According to the Reform Party, Jeong was greeting commuters and asking for support in Busan’s Geumjeong District when a car approached. The driver threw a drink at him and shouted an insult to the effect of, “How can a kid that young run for mayor?” Jeong was born in 1988. Startled, Jeong lost his balance and fell, hitting his head on
April 27, 2026
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Socar Offers Tesla FSD Subscription Service in Seoul, Starting at 1.49 Million Won a Week
Socar has unveiled a vehicle subscription service offering Tesla cars equipped with the company’s Full Self-Driving (FSD) feature and showcased it through a city driving demonstration. Socar on the 27th held an FSD test-ride event for reporters around the Seongsu and Seoul Forest D Tower area in Seoul. After a destination was set, the vehicle drove itself for parts of the route. The course covered about 4 kilometers round trip and took roughly 25 minutes. The FSD function activated only
April 27, 2026
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Lotte Tour Development Revamps Jeju Dream Tower Food Court With Budget-Friendly Menu
With dining costs rising, a five-star hotel in Jeju is betting on sharply lower prices. Lotte Tour Development has overhauled its food court at the Jeju Dream Tower integrated resort, rolling out a menu that starts with bakery items priced in the 1,000-won range and tteokbokki in the 4,000-won range. Lotte Tour Development said on 27 it reopened the renovated “Dream Food Court” on the third floor of Grand Hyatt Jeju inside the Jeju Dream Tower integrated resort. The renovation rebrands
April 27, 2026
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South Korea to Expand Export Vouchers to Ease Middle East-Driven Shipping Costs
The government said it will sharply expand export voucher support to help companies cope with Middle East-related shipping disruptions and rising costs. Up to 10,900 small and midsize exporters are expected to be covered by year’s end. Lim Ki-geun, vice minister of the Office of Planning and Budget, visited construction equipment maker Daemo Engineering in Siheung, Gyeonggi Province, on Monday to review the program’s progress and hear business concerns. The visit was arranged to assess
April 27, 2026
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Hanssem Showcases Remodeling Expertise on tvN’s ‘Unpredictable’
Hanssem’s remodeling design capabilities have drawn attention after they were featured on the tvN reality entertainment program “Unpredictable,” which follows cast members as they renovate an abandoned house on Jeju Island and deal with unexpected challenges. Hanssem said viewers responded to the company’s detailed consultations and professional design work. The company said the program showed its approach goes beyond arranging furniture to planning a living space around a customer’s over
April 27, 2026
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South Korea Foreign Ministry Sets Up Korea-India Cooperation Task Force After Summit
South Korea’s Foreign Ministry said Sunday it has set up a “Korea-India Practical Cooperation Task Force” to carry out follow-up steps from the leaders’ summit. The ministry said the new team will move quickly and systematically to implement the summit agreements across areas including the economy, culture, people-to-people exchanges and cooperation with local governments. It said it will coordinate closely with relevant domestic ministries and agencies, and will actively use local n
April 27, 2026
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Science Minister Bae Says DeepMind Partnership to Focus on AI Hub, Science Center, Safety
The Ministry of Science and ICT said its cooperation with Google DeepMind will move forward on three tracks: building a global AI hub, linking with the National Science AI Research Center, and conducting research on artificial intelligence safety. The ministry said Monday it signed a memorandum of understanding with DeepMind outlining the cooperation. Deputy Prime Minister and Science and ICT Minister Bae Kyung-hoon said a closed-door meeting also covered how the two sides would divide r
April 27, 2026
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GenosisAI Healthcare, Personal AI to Build AI Precision Medicine Platform
GenosisAI Healthcare is partnering with Personal AI in a strategic technology collaboration to build an AI-based precision medicine platform. GenosisAI Healthcare Co., led by CEO Lee Hee-won, said it signed the partnership agreement with Personal AI on the 23rd. The deal centers on combining Genosis’ third-generation Human Digital Twin (HDT)-based medical data and platform technology with Personal AI’s on-device AI, federated learning and its personal data-sovereignty platform, my:D. The compa
April 27, 2026